Sky CEO Darroch Will Earn $50 Million From Comcast Takeover

Sky Plc Chief Executive Officer Jeremy Darroch will take home as much as 38.2 million pounds ($50 million) after steering the British pay-TV company into the arms of Comcast Corp.

The 56-year-old sold his 775,772 shares in Sky worth 13.4 million pounds to the U.S. cable giant as it prepares to complete the $39 billion takeover, according to a filing Friday. Darroch will also cash in on previously awarded bonus shares.